IATA Revises 2020 Passenger Traffic Forecast Down for Africa

[divider style=”solid” top=”20″ bottom=”20″][dropcap]F[/dropcap]orward bookings for air travel in the fourth quarter show that the recovery continues to falter, says International Air Transport Association (IATA).

While domestic travel is picking up across Africa as countries re-open their borders, international travel remains heavily constrained as major markets including the EU remain closed to citizens of African nations.

Currently, residents from only two African countries– Rwanda and Tunisia – are permitted to enter EU borders.

“The further fall in passenger traffic in 2020 is more bad news for the aviation industry in Africa.  A few months ago, we thought that demand reaching 45% across the continent in 2020 compared to 2019 was as grim as it could get. But with international travel remaining virtually non-existent and a slower than expected pick up in domestic travel, we have revised our expectations downward to 30%,” said Muhammad Albakri, IATA’s Regional Vice President for Africa and the Middle East.

More airlines expected to fold without Committed Relief

Four airlines across Africa have ceased operations due to the impact of COVID-19 and two are in voluntary administration, with many more in serious financial distress. Without urgent financial relief more carriers and their employees are at risk, as is the wider African air transport industry, which supports 7.7 million jobs on the continent.

The governments of Rwanda, Senegal, Côte D’Ivoire and Burkina Faso have pledged a total of USD 311 million in direct financial support to air transport. A further USD 30 billion has been promised by some governments, international finance bodies and other institutions including the African Development Bank, African Export Import Bank, African Union and the International Monetary Fund (IMF) for air transport and tourism.  However, most of this relief is yet reach those in need.

“Hundreds of thousands of airline jobs are at risk if there is a systemic failure in African aviation. And this is not just in aviation but across industries that depend on efficient global connectivity. Much needed financial relief has been pledged, but little has materialized. The situation is critical. Governments and donor organizations need to act fast or the challenge will move from supporting an industry in severe distress to resurrection from bankruptcy,” said Albakri.

Also Read

Maersk partners with Lawhill to continue maritime education

Kenya Transport and Logistics Network to boost exports

theafricalogistics

Recent Posts

Union Pacific and Norfolk Southern in Advanced Merger Talks: A New Era for U.S. Freight Rail?

In a potential game-changing development for the U.S. freight rail industry, Union Pacific (NYSE: UNP)…

4 days ago

Student Loan Forgiveness Under IBR Paused Amid System Overhaul, But Not Canceled

The U.S. Department of Education has confirmed a temporary pause in processing student loan forgiveness…

6 days ago

Telkom Unveils New Logo and Brand Identity in Strategic Repositioning Drive

Telkom has officially unveiled its refreshed logo and visual identity as part of a broader…

6 days ago

Alaska Airlines Resumes Flights After Nationwide Grounding Caused by IT Outage

Alaska Airlines has resumed flight operations after a widespread IT outage forced the temporary grounding…

1 week ago

Top New Online Slots to Keep an Eye Out for in July 2025

If you’re aged 18 or above, live in South Africa, enjoy playing feature-rich online slot…

1 week ago

FlySafair Braces for Turbulence as Pilots Threaten Strike Over Wage Dispute

FlySafair, one of South Africa’s top low-cost carriers, is preparing for possible disruptions as its…

2 weeks ago